It is planned to invest 100 billion tenge in the newly created industrial zone in Ekibastuz

         Minister of Industry and Construction of the Republic of Kazakhstan, Kanat Sharlapaev, reported this during a government meeting. He emphasized the importance of diversifying the economies of mono-cities, using the city of Saran as an example, and discussed development plans for Ekibastuz.

        The city's development is planned across three major areas: energy, metallurgy, and railway product manufacturing. The improvement of the energy sector involves increasing the capacities of the Ekibastuz GRES power plant.

       «The metallurgy sector's development will be facilitated through the establishment of an Industrial Zone, with 'Mineral Product' LLP as a key partner. This will create 800 jobs during the construction phase and 4,000 during the operational phase, with more than 100 billion tenge in investments expected to be attracted» said the Minister.

       This will create 800 jobs during the construction phase and 4,000 during the operational phase, with more than 100 billion tenge in investments expected to be attracted.

       A steel smelting plant, a ferroalloy production facility, and an iron production plant will be constructed in the region.

       The launch of the 'Construction of a forging and wheel complex' project, part of the railway cluster in Ekibastuz, will provide about 700 jobs.

       Furthermore, Sharlapaev noted that 1,500 enterprises operate in the mono-cities within the sectors overseen by the Ministry, generating a total of 18.5 trillion tenge last year, or 40% of the national total.

 

Press Service of the Ministry of Industry and Construction of the Republic of Kazakhstan